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Leveraging offers

Posted: Sat Aug 08, 2015 5:29 pm
by Anonymous User
How is this generally done? Is it only useful if I've gotten an offer at a better ranked firm? Ie should I
Tell DPW that I got an offer from Deb? Or would that be dumb? If so, in what cases is leveraging offers appropriate?

Re: Leveraging offers

Posted: Sat Aug 08, 2015 5:33 pm
by Traynor Brah
Leveraging for what, exactly? They're not going to pay you more. I think it's cool to casually drop in a cb that you have offers from peer firms, but not for the reason of trying to get something extra out of it, as they don't do things like that.

Re: Leveraging offers

Posted: Sat Aug 08, 2015 5:45 pm
by Anonymous User
How about this.....??

You have an offer from one firm and have already completed a callback and are waiting from another firm. I assume at some point (maybe a week or two after the callback) you can contact the firm you are waiting on and let them know you have a pending offer but are still interested in their firm/wondering when you will hear something...

Basically, can you leverage the fact that you have an offer to speed up the decision process at the other firm?

Re: Leveraging offers

Posted: Sat Aug 08, 2015 5:47 pm
by DJ JD
Anonymous User wrote:How about this.....??

You have an offer from one firm and have already completed a callback and are waiting from another firm. I assume at some point (maybe a week or two after the callback) you can contact the firm you are waiting on and let them know you have a pending offer but are still interested in their firm/wondering when you will hear something...

Basically, can you leverage the fact that you have an offer to speed up the decision process at the other firm?
Yes, this has been done successfully before.

Re: Leveraging offers

Posted: Sat Aug 08, 2015 5:52 pm
by Anonymous User
OP here. Yeah, exactly. If I have an offer at one NYC firm, I want to use that as pressure on another firm to give me An offer. Nothing about pay.

Re: Leveraging offers

Posted: Sat Aug 08, 2015 5:56 pm
by Traynor Brah
Yeah then totally. You should definitely do that. It works ime.

Re: Leveraging offers

Posted: Sat Aug 08, 2015 6:01 pm
by Anonymous User
Really? You sound sarcastic lol..

what do I say in the email to the other firm?

Re: Leveraging offers

Posted: Sat Aug 08, 2015 6:12 pm
by Traynor Brah
Not sarcastic. But it should come up organically in a cb or some kind of interview ish setting, ideally. For example: "so what is unique about your x practice compared to peer firms"; "what is advantageous about working in x practice compared to x firm's". Intimate that's a thing and they ask, generally. Bringing it up in an email to recruiting is not a good look though, imo. If it's to recruiting after the fact then just say you have competing offers from peer firms and you need to know when youll hear back.

Re: Leveraging offers

Posted: Sat Aug 08, 2015 6:39 pm
by Anonymous User
I've already had my CB at the two firms I really want, have another coming up Tues.

So the credited response is: iffy to email firms I've already had A cb with to say I have an offer, but ok to do it at the cb?

Also it's so early in the interviewing process, is it ok for me to pressure them this early?

Re: Leveraging offers

Posted: Sat Aug 08, 2015 6:49 pm
by wwwcol
Anonymous User wrote:OP here. Yeah, exactly. If I have an offer at one NYC firm, I want to use that as pressure on another firm to give me An offer. Nothing about pay.
If you don't play your cards right, this could easily backfire. Usually people only make a leverage play if they have an offer expiring, not just if they're impatient. Also it seems kind of strange to do this solely with NYC firms (since most tend to move very fast), but good luck.